Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$50,212Cash toward the purchase price.
Closing costs + prepaids$10,622Not just lender fees.
Before credits & paid funds$60,834The complete starting cash picture.
Estimated remaining funds due at closing
$60,834No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,211.62
Your down payment$50,211.62
Closing costs + prepaids$10,622.37
Total buyer cash needed$60,833.99
Remaining funds due$60,833.99
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$2,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$1,223.94
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$368.75
Initial HOA (3 months)$75.00
Prepaid interest, first (17 days)$786.68
Fees + prepaids$10,622.37
Your down payment is the seller’s equity. You take over the $244,788 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $60,833.99 is due at closing. Uses and sources reconcile at $305,622.37 each. Not a Closing Disclosure.